According to the public record, 1, River Mead, Horsham is a mid-century leasehold apartment with 778 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
River Mead, Horsham, RH12 is located in the borough of Horsham within the RH12 postal district.
1, River Mead, Horsham has a single entry in the Land Registry database from April 2007 and a single entry in the EPC database dated February 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 River Mead Horsham as £281,218 and the rental value as £1,282 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 River Mead Horsham has increased by £6,044 (2.1%) and its rental value has increased by £71 per month (5.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, River Mead, Horsham is in very good condition we estimate a sale value of £295,279 and rental value of £1,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,533 and a rental value of £1,192 per month.
If you were able to purchase this property for the estimated value of £281,218, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,382 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, River Mead, Horsham was last sold on 04 Apr 2007 for £163,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 34.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, River Mead, Horsham within a radius of 570 metres over the last 2 years.
The most recent example is 18, River Mead, Horsham, RH12 1SP, a Leasehold flat which sold for £265,000 in Nov 2023.
Read more about house prices in RH12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
River Mead, Horsham, RH12 has a total of 26 addresses. According to our analysis of all the public data, 1, River Mead, Horsham is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in RH12.
1, River Mead, Horsham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, River Mead, Horsham is Horsham station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, River Mead, Horsham, 42.1% of property is privately owned outright and 28.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, River Mead, Horsham, 12.1% of residents are recorded as possessing school level qualifications and 37.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, River Mead, Horsham, the average age was 42.1 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, River Mead, Horsham, 1.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, River Mead, Horsham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.